Sec. 432. For certain officially designated historic property in the District, the Commissioner shall, in addition to assessing at full market value, assess land and improvement on the basis of current use and structures of the property, which latter assessment, if it is less than full market value, shall be the basis of tax liability to the District.
Pub. L. 93-407, tit. IV, pt. 2, subpt. E, sec. 432 | Justis AI